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Foreclosure Homes in Mio, MI 48647

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Mio, MI Foreclosures

How much do homes sell for in Mio, MI?
The average home price is currently $137,108.
In Mio, MI, how many homes are available?
There are currently 8 active home listings available in Mio.
What’s the average rental cost in Mio, MI?
The average rental price in Mio is $1,242.
What is the most expensive home in Mio?
The most expensive home sold in Mio had a price of $1,170,335.
What is currently the cheapest priced home in Mio, MI?
The cheapest home for sale in Mio is priced at $15,829.

Living in Mio, MI

MIO, MI is a serene village known for its beautiful natural surroundings and close-knit community. Offering a peaceful lifestyle with ample outdoor recreational activities, it’s perfect for those wanting to live amid nature. Although small, it has essential services and activities that cater to its residents.

Current Market Conditions in Mio, MI

The current real estate market in MIO, MI, is characterized by stable home prices and a modest supply of homes. As a rural area, the demand typically arises from individuals seeking vacation homes or those desiring a retreat from urban living.

In the past few months, we have seen a slight increase in property inquiries, particularly from buyers interested in recreational homes, indicating a healthy interest in MIO as a getaway destination.

Home Value Estimator For Mio, MI

There are currently 3,328 real estate properties in Mio, MI, with a median automated valuation model (AVM) price of $106,611.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Mio, MI, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Mio, MI, is $137,108.00, with the most expensive house in Mio, MI, topping out at $1,170,335.00 and the cheapest home in Mio, MI, clocking in at $15,829.00. In other words, there’s something for every potential homebuyer or savvy investor in Mio, MI!

Rent Prices In Mio, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Mio, MI, is on a rollercoaster ride. The average rent price in Mio, MI, is $1,242.00. Indeed, when looking to rent in Mio, MI, you can expect to pay as little as $600.00 or as much as $2,020.00, with the average rent median estimated to be $1,200.00. The good news is that finding an affordable and desirable property to rent in Mio, MI -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Mio, MI 48647 Foreclosures


Market Trend for Mio, MI

Total Listings Available: 8

Market Values:

Home Prices from $15,829 to $1,170,335

Average Sales Price: $137,108

Rental Values:

Rental from $600 to $2,020

Average Rent Value: $1,242 / month

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